Appearing on Rediff Chat, G Srikanth, partner in GSV Associates, Chartered Accountants, Chennai, and member of the Institute of Cost and Management Accountants, answered readers' queries on the Goods and Services Act.
Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
'You have to work for the development of the people; stay connected with them; be available for your voters so they can come to you for redressal of their problems and don't rely on the brand equity of the central government.'
The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
RBI has cited "legal impediments" in sharing the reports.
'Give him a chance to live,' Peter's lawyer told the court.
BSP chief's hard blows meet with timid retort from India's Grand Old Party.
Jose Mourinho will forget what has gone on for the last three disappointing seasons at Manchester United, he said in his first interview after being installed as manager on Friday.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
Tillerson, is currently on top of the list of Trump's Secretary of State because of his contacts with the world leaders, in particular Russian President Vladimir Putin, media reports said.
Over 20 political parties, except the Biju Janata Dal and the Communist Party of India-Marxist-led Left Front, took part in the massive rally.
England were scenting victory after claiming three late wickets to reduce Australia to 174 for six on a fluctuating fourth day of the first Ashes Test at Trent Bridge on Saturday.
Narendra Modi will be the first leader to address a joint session of the United States Congress during US House of Representative Speaker Paul Ryan's tenure.
BJP MP Kirti Azad on Sunday alleged that lots of companies were given crores of rupees by the DDCA and contracts were given out to fraud companies without any verification.
Bharatiya Janata Party leader Sushma Swaraj is a fighter who follows her own code. Those who think she's a pushover are making a mistake, says Aditi Phadnis
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
Comey states that Trump asked him on several occasions to publicly state that he was not under investigation.
Snapshots from the most expensive Victoria's Secret Runway Show!
Mohamed Salah struck four times in rampant Liverpool's 5-0 thrashing of Watford that lifted them back into third spot in the Premier League on Saturday.
A glance back at some of the important ups and down Indian Inc faced in 2018.
In the second of a special series on second generation Indian Americans giving back to India, Shaun Jayachandran tells Arthur J Pais how he is using basketball to get the young in India to build their educational skills and career goals.
England striker Wayne Rooney has signed a four-year contract extension with Premier League champions Manchester United that will keep their prize asset at the club until June 2019.
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
The comic punches in Dishkiyaoon are too few and far between, plot twists make little sense and are saddled with glaring loopholes, writes Nishi Tiwari.
The pass percentage of government school students of Class XII was 90.68 per cent, while 88.35 per cent students from private schools cleared the exams.
'The Left is dying, but its economic ideology rules, unchallenged.' 'Modi is its newest standard-bearer.' 'Even in today's bitterly polarised politics, if there is one thing on which not just the BJP and Congress, but all other parties agree, it is that socialist economics is the only way to survive,' says Shekhar Gupta.
Guadalupe Jaimes, a Chicago roofing supply salesman, calls the $100 pay-per-view price tag for a high-definition broadcast of Saturday's boxing mega-match "ridiculous."
The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed.
The Board of Control for Cricket in India on Saturday refuted allegations that it violated India's foreign exchange regulations while conducting the second edition of the Indian Premier League in South Africa in 2009, insisting that all the payments were "bona fide and legitimate".
'Some of these companies are India focused, some are overseas focused and some companies are focused on both.' Ritu Jha/Rediff.com reports from California.
News of Van Gaal's impending departure from the club leaked out minutes after Saturday's 2-1 extra-time victory over Palace and, following relentless media speculation and a day of negotiations, it was confirmed by both sides on Monday evening.
Searches are being conducted on Friday at 12 locations including Delhi, Patna, Ranchi, Puri and Gurgaon.
Why not agree that, yes, India is a Hindu country though not all Indians are Hindus? And that for those who are not, our Constitution is sturdily secular and always will be, says Karti Sandilya.
On the pitches of ramshackle football academies across West Africa, teenage boys chase one another in pursuit of the ball, the chance to impress, and the prospect of a lucrative contract with one of Europe's top teams.
The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
The horrific terrorist attack in Paris has been described as the copycat version of the 2008 Mumbai assault by security experts who believe that the incident will be a game changer for how the West looks at the threat terrorism presents to all.
The 'Raj Bhavan/Nakkeeran Gopal case', in which editor S Gopal was arrested in the morning and set free by the court in the afternoon, is not the first one where the Tamil Nadu's once-reputed police force is seen as faltering in the eye of the law, says N Sathiya Moorthy.
The Supreme Court appointed Special Investigative Team, which is looking into the black money cases, on Thursday said it will go after the offenders "big or small" but also made it clear that the confidentiality of account holders abroad will not be violated.
If Wednesday was any indication, the rest of the Parliament session will see the two sides scoring brownie points against each other, and the Gandhis can expect more enemy fire directed at them, says Rashme Sehgal.
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